FRANKFURT, Germany, March 22, 2022 /PRNewswire/- As of today, the Roundhill Ball Metaverse UCITS ETF (METV) is live on the Deutsche Börse Xetra, sponsored by Roundhill Investments, an ETF sponsor with an emphasis on novel-themed products. In Germany, METV is the first Metaverse exchange-traded fund.
There is a growing consensus that the Metaverse will serve as a successor state to the current mobile Internet, but it will differ in that it will involve countless interoperable and persistent virtual worlds that will be deeply integrated into the real world, thereby giving rise to a new medium and economy for work, leisure, and innovation.
According to projections made by Morgan Stanley and Goldman Sachs, the Metaverse economy will be worth around $8 trillion. Founder and current CEO of Nvidia Jensen Huang have stated his confidence that the Metaverse economy would one day surpass its physical counterpart.
The Roundhill Ball Metaverse UCITS ETF (METV) is the least expensive European exchange-traded vehicle dedicated to the expanding Metaverse market. It charges an expense ratio of 0.59%.
Ball Metaverse Research Partners, helmed by the veteran investor, advisor, and researcher of the Metaverse Matthew Ball, manages the underlying index of the Fund.
The companies that make up the Metaverse are represented on the Index in seven different areas: computing, networking, virtual platforms, interchange standards, payments, content, and hardware. Some of the company’s most notable investments are in Meta Platforms, Roblox, Unity, and Nvidia.
What is the Roundhill Ball Metaverse Exchange-traded Fund (ETF)?
A Roundhill Ball of Listed Funds Trust Listed Funds Trust introduced the Metaverse ETF, a new exchange-traded fund. Exchange Traded Concepts, LLC, and Roundhill Financial Inc. are in charge of the fund’s administration. Its main investment focus is on the public equity markets of the world.
Is Roundhill Ball Metaverse a Good Investment?
The Roundhill Ball Metaverse ETF seems like a reliable option for investors seeking exposure to the metaverse. The benefit of exchange-traded funds (ETFs) is also their downside. Investors who are willing to put in the time and effort to pick individual stocks should have a good chance of outperforming this portfolio.
About Roundhill Investments
American firm Roundhill Investments specializes in creating new ETPs. More than a billion dollars are being managed by the company thanks to its product offerings.
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About Ball Metaverse Research Partners
Ball Metaverse Research is a group of investors and market researchers studying the inevitable shift toward the “Metaverse,” the common name for the platform that will replace the Internet as the world’s primary means of communication, trade, and social interaction.
Ball Metaverse Research not only oversees the Metaverse Index, but also publishes essays and studies on the future of the Internet, entertainment, gaming, and social media; it also hosts and attends industry events to foster consensus and open communication among influential figures in the media, technology, and activism industries.
Visit www.carnegroup.com/roundhill for the ETF’s prospectus and Key Investor Information Documents (KIIDs). Also available is a summary of your rights as an investor (including your rights in the event of class action litigation) in English.
Neither the author nor the publisher intends for this material to be used as investment, tax, or trading advice for any specific individual. If you would want additional information about your investing and/or tax options, you should speak with a financial advisor or tax specialist.
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You could lose some or all of your initial investment when you invest. Investors should carefully read the prospectus, paying close attention to the expenses and risks involved, before making any investment decisions. Data courtesy of Roundhill Financial, Inc. (Roundhill Investments or Roundhill).
Roundhill UCITS ICAV is a fund managed by a third-party administrator. An open-ended umbrella Irish collective asset-management vehicle and an umbrella fund with segregated liability between sub-funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorized by the Central Bank as a UCITS pursuant to the Regulations with registered number C458642 – and well passported in Germany with BaFIN (German regulator) under the UCITS Directive.
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The Financial Conduct Authority has authorized and regulated Resolution Compliance Limited to issue this message on behalf of the Fund as a financial promotion for the purposes of section 21 of the Financial Services Market Act 2000 (FSMA) (FRN:574048). If the Fund’s management business (“Carne”) decides to pull the plug on marketing efforts in a particular nation, investors there will not be required to pay any further fees to Carne.
